JURAN & MOODY SELECTS SECURITIES INDUSTRY SOFTWARE CORPORATION TO PROVIDE SECURITIES PROCESSING SYSTEMS
JURAN & MOODY SELECTS SECURITIES INDUSTRY SOFTWARE CORPORATION
TO PROVIDE SECURITIES PROCESSING SYSTEMS
NEW YORK, Nov. 21 /PRNewswire/ -- Quotron Systems, Inc. subsidiary Securities Industry Software Corporation (SIS), today announced that the Minnesota-based brokerage firm, Juran & Moody, Inc., has selected SIS to provide brokerage processing and trading system services.
"SIS had the most to offer us," said William R. Retterath, treasurer of Juran & Moody "We investigated several vendors but SIS was the only one offering all the products we needed at the level of quality we expect. We particularly liked the SIS fixed-income offering system because it is designed to increase sales productivity."
In addition to its main office in St. Paul, Juran & Moody operates from branches in Houston; Clearwater, Fla; and Minneapolis. It also maintains a presence at many Minnesota banks. The firm specializes in retail sales and now uses a proprietary in-house system. Juran & Moody trades in a wide variety of instruments such as municipal bonds, government bonds, CDs, and mutual funds.
SIS president, James A. Steinke said, "We are pleased that our ability to offer strong innovative back-office and trading products for fixed-income securities and other instruments is attracting new business."
Quotron Systems, Inc., a subsidiary of Citicorp, is a leading global provider of financial information and trading systems. The company delivers online, real-time equities, options and commodities quotes for more than 120,000 investment instruments from 60 exchanges worldwide; foreign exchange and fixed-income rate data; news; research; analytics; real-time color charting; networking services and broker productivity applications. Through its subsidiary, Securities Industry Software Corporation (SIS), Quotron offers flexible, real-time integrated services for accounting, order management, and other brokerage operations.
/CONTACT: Roxanne Taylor of Quotron Systems, 212-898-7212, or William Retterath of Juran & Moody, 612-224-1500/ CO: Quotron Systems Inc.; Quotron Systems Inc. ST: New York, Minnesota IN: FIN SU: CON SM-FC -- NY023 -- 5772 11/21/91 10:00 EST